Motorpoint Group (LSE:MOTR) said trading volumes and margins are running ahead of its expectations, prompting the UK vehicle retailer to raise its profit outlook for the year ending 31 March 2027.

The company now expects profit before tax for FY27 to be materially above current market consensus. Based on the figures provided by Motorpoint, this would represent year-on-year profit before tax growth of between 30% and 44%, following an 82.9% increase in FY26.

Technology Investment Supports Trading

Motorpoint attributed the trading performance to accelerated investment in technology, data and artificial intelligence, alongside favourable vehicle supply conditions.

The company operates an omnichannel model that allows customers to buy, sell and finance nearly new vehicles online, through its physical stores or using a combination of the two channels.

Motorpoint also operates Auction4Cars.com, an online wholesale platform through which part-exchanged and directly purchased vehicles are sold to business customers.

Motorpoint Adds Store Opening for Spring 2027

Alongside the trading update, Motorpoint said it has secured an additional store opening scheduled for spring 2027.

The company currently operates Motorpoint.co.uk and a network of 22 stores serving retail customers, alongside its Auction4Cars.com business-to-business platform.

More About Motorpoint

Motorpoint Group is an independent UK omnichannel vehicle retailer specialising in nearly new cars for retail and trade customers.

Its operations cover vehicle purchasing, sales and financing through physical stores and online channels, while Auction4Cars.com provides a separate wholesale route for business-to-business vehicle sales.